Blackbird expands to 80 US TV stations
3 December 2021 Reach non-regulatory announcement*
Blackbird plc (the "Company")
Blackbird and Town News expand to 80 US TV stations
Moline, Illinois and London - Blackbird plc (AIM:BIRD; OTCQX:BBRDF), the technology licensor, developer and seller of the market-leading cloud native video editing platform, Blackbird , announces today that Blackbird is now being used by a total of 80 US TV stations for digital news production following TownNews' latest deployment. This is the seventh expansion of Blackbird by TownNews since the partnership began in 2018.
Video production teams at the 80 US TV stations use Blackbird collaboratively to remotely access, edit and publish news content fast to social, web and other digital platforms. When paired with TownNews' Field59 VMS, the latest news stories can be delivered to viewers with unbeatable speed and control using Blackbird's browser-based, easy-to-use and carbon efficient cloud native video editing platform. US TV stations using Blackbird span 35 states.
Over 390 local TV stations in the US produce approximately six hours of news content per day with the industry generating nearly $31 billion in revenues annually. With an estimated 86% of US adults now regularly sourcing their news from digital devices, millions of viewers in the US consume content through the Blackbird and TownNews' Field59 VMS platform.
Blackbird drives awareness, monetization and efficiencies for brands in the sports, news, entertainment and enterprise sectors. Customers include Univision, IMG, Tata Communications, Sky News Arabia, EVS, A+E Networks, Eurovision Sport, BT, NHL, Cheddar News, Riot Games, the U.S Department of State and 80 US TV stations with TownNews.
Enquiries:
|
Blackbird plc |
|
Ian McDonough, Chief Executive Officer |
|
Adrian Lambert, Chief Marketing Officer Tel: +44 (0)20 8879 7245 |
|
|
|
Allenby Capital Limited (Nominated Adviser and Broker) Nick Naylor/Piers Shimwell (Corporate Finance) Amrit Nahal (Sales and Corporate Broking) Tel: +44 (0)20 3328 5656 |
About Blackbird plc
Blackbird plc operates in the fast-growing SaaS and cloud video market. It has created Blackbird®, the world's most advanced suite of cloud-native computing applications for video, all underpinned by its lightning-fast codec. Blackbird plc's patented technology allows for frame accurate navigation, playback, viewing and editing in the cloud. Blackbird® enables multiple applications, which are used by rights holders, broadcasters, sports and news video specialists, esports, live events and content owners, post-production houses, other mass market digital video channels and corporations.
Since it is cloud-native, Blackbird® removes the need for costly, high end workstations and can be used from almost anywhere on almost any device. It also allows full visibility on multi-location digital content, improves time to market for live content such as video clips and highlights for digital distribution, and ultimately results in much more effective monetisation.
Blackbird plc is a licensor of its core video technology under its 'Powered by Blackbird' licensing model. Enabling video companies to accelerate their path to true cloud business models, licensees benefit from power and carbon reductions, cost and time savings, less hardware and bandwidth requirements and easy scalability.
www.linkedin.com/company/blackbird-cloud
www.twitter.com/blackbirdcloud
www.youtube.com/c/Blackbirdcloud
*About Reach announcements
This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.
Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 6 hours ago Banco Santander S.A.
- 6 hours ago Renew Holdings
- 7 hours ago Rotork
- 7 hours ago Zegona Communications
- 7 hours ago Unilever